401(k) · DOL Form 5500 · 2022
New York Life Insurance Company 401(k) Plan
Data updated 2026-08-25
- $4.1B
- Total assets Very large vs avg
- 12,370
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $330,720
- Avg per participant High balance/head
Official DOL plan name: New York Life Insurance Company Employee Progress-Sharing Investment Plan · Sponsored by New York Life Insurance Company · New York · Finance & Insurance
$4.1B in assets, 12,370 participants
New York Life Insurance Company's New York Life Insurance Company Employee Progress-Sharing Investment Plan reported $4.1B in total assets and 12,370 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #9,210 in Finance & Insurance (9,261 peers)
Coverage in New York
New York Life Insurance Company Employee Progress-Sharing Investment Plan covers 12,370 participants in New York, 16x the typical New York plan (state average ~798 per filing). Assets: $4.1B.
- #9,210
- in Finance & Insurance (9,261 peers)
- -7.1%
- assets change YoY
- 41×
- vs typical plan assets (national mean)
The plan reported a net loss of $321M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
New York Life Insurance Company Employee Progress-Sharing Investment Plan's outsized position by total assets
New York Life Insurance Company Employee Progress-Sharing Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$4,091,002,444 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
New York Life Insurance Company Employee Progress-Sharing Investment Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New York Life Insurance Company Employee Progress-Sharing Investment Plan is a mega filing (12,370 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 135582869 · New York Life Insurance Company PY 2022 · 401(k)
New York Life Insurance Company Employee Progress-Sharing Investment Plan · $4.1B · 12,370 · 100th
- EIN $4.1B
- EIN 12,370
- EIN 100th
- EIN 401(k)
- EIN near Farmers Group, Inc. 401(k) Savings Plan
- EIN ind #9210
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in New York →
New York Life Insurance Company Employee Progress-Sharing Investment Plan in the asset neighbourhood
New York filing particulars
| Total Assets (Beginning of Year) | $4.4B |
|---|---|
| Net Assets (End of Year) | $4.1B |
| Net Income | -$321M |
| Employer EIN | 135582869 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New York Life Insurance Company)
Sponsor-wide plan assets over time
All New York Life Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $13.3B 63.179526029500806% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 36,622 | $8.1B |
| 2023 | 4 | 44,938 | $12.9B |
| 2024 | 4 | 45,855 | $13.3B |
Nearby 401(k) Plans in New York
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- IBM 401 (K) Plus Plan $53.4B · 56,376
- Morgan Stanley 401(k) Plan $16.4B · 42,924
- The Pepsico Savings Plan $12.1B · 129,846
- Deloitte 401(k) Plan $11.0B · 74,687
- The Goldman Sachs 401(k) Plan $9.7B · 22,650
Scale composition for New York Life Insurance Company Employee Progress-Sharing Investment Plan
New York Life Insurance Company Employee Progress-Sharing Investment Plan reports $4.1B in end-of-year assets across 12,370 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $330,720 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2022 was -$321M.
This plan identity (EIN 135582869, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.1B to $5.0B (+21.9%) while covered participants moved from 12,370 to 12,949 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,370 | $4.1B | This page |
| 2023 | 12,759 | $4.6B | Open filing |
| 2024 · index core | 12,949 | $5.0B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- New York Life Insurance Company Employee Progress Sharing Investment Plan (401(k), $5.0B, 12,949 participants)
- New York Life Insurance Company Pension Plan (Defined Benefit (Pension), $4.0B, 9,376 participants)
- Nylic Retirement Plan (Defined Benefit (Pension), $3.1B, 12,292 participants)
- New York Life Insurance Company Agents Progress- Sharing Investment Plan (401(k), $1.2B, 11,238 participants)
New York Life Insurance Company Employee Progress-Sharing Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside New York, the nearest 401(k) by assets is Farmers Group, Inc. 401(k) Savings Plan in CA ($4.1B); by covered participants it is Freeport-Mcmoran Inc. Employee Capital Accumulation Program in AZ (12,362 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.1B here).
- Farmers Group, Inc. 401(k) Savings Plan (CA) $4.1B · 22,423
- Td 401(k) Retirement Plan (ME) $4.1B · 26,725
- Schneider Electric 401(k) Plan (IL) $4.1B · 16,201
- Applied Materials, Inc. Employee Savings & Retirement Plan (CA) $4.1B · 12,050
Similar participant headcount
Nearest other-state filings by covered participants (12,370 participants); asset peers above are excluded.
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program (AZ) 12,362 · 8 off
- The Pearson Retirement Plan (NJ) 12,396 · 26 off
- Nexstar Media Group, Inc. 401(k) Plan (TX) 12,327 · 43 off
- State Street Salary Savings Program (MA) 12,421 · 51 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.